Falling oil prices put the Government in a difficult situation, economist Dr Ronald Ramkissoon said yesterday. Commenting on the decision by OPEC not to reduce output, he said: "An oil economy must
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Angostura enjoys day’s largest gain
Overall market activity resulted from trading in 12 securities of which six advanced, one declined and five traded firm. Trading activity on the First Tier Market registered a volume of 190,334 shares crossing the floor of the Exchange valued at $11,536,444.83. Scotiabank T&T Limited was the volume leader with 143,193 shares changing hands for a value of $10,023,509.65, followed by FirstCaribbean International Bank Limited with a volume of 17,238 shares being traded for $94,981.38.
Ansa McAL Limited contributed 8,416 shares with a value of $559,159.04, while Trinidad Cement Limited added 4,889 shares valued at $9,778. Angustura Holdings Limited enjoyed the day’s largest gain, increasing $0.25 to end the day at $13. Conversely, Ansa McAL Limited suffered the day’s sole decline, falling $0.01 to end the day at $66.44. Clico Investment Fund was the only active security on the Mutual Fund Market, posting a volume of 5,450 shares valued at $119,078. It advanced by $0.01 to end at $21.85.